LINERTECHNOLOGY AS

6440 ELNESVÅGEN

Finances

Share Ownership

Return on Equity

38,38 %

Current Ratio

0,42

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	313 000	1 869 000	3 047 000	1 961 000
Net Income	−289 000	−500 000	−395 000	−69 000
Total Assets	962 000	1 081 000	1 246 000	2 526 000
Total Equity	−753 000	−463 000	37 000	−39 000

Income (NOK)	2021	2020	2019	2018
Revenue	313 000	1 869 000	3 047 000	1 961 000
Expenditure	602 000	2 355 000	3 368 000	2 050 000
Operating Profit	−288 000	−486 000	−321 000	−88 000
Financial Income	0	−1 000	0	0
Financial Costs	1 000	13 000	54 000	0
Financial Balance	−1 000	−14 000	−54 000	0
Earnings Before Tax	−289 000	−500 000	−375 000	−88 000
Tax	0	0	19 000	−19 000
Net Income	−289 000	−500 000	−395 000	−69 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	236 000	362 000	488 000	510 000
Total Current Assets	726 000	719 000	758 000	2 016 000
Total Assets	962 000	1 081 000	1 246 000	2 526 000
Total Retained Equity	−1 253 000	−963 000	−463 000	−69 000
Total Equity	−753 000	−463 000	37 000	−39 000
Total Long-Term Debt	0	0	0	800 000
Total Current Debt	1 715 000	1 544 000	1 209 000	1 764 000
Total Equity and Debt	962 000	1 081 000	1 246 000	2 526 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	313 000	1 869 000	3 047 000	1 961 000
Other Income	0	0	0	0
Revenue	313 000	1 869 000	3 047 000	1 961 000
Cost of Goods Sold	366 000	2 117 000	3 185 000	1 988 000
Salary Costs	0	0	0	0
Depreciation	126 000	126 000	142 000	0
Impairment	0	0	0	0
Expenditure	602 000	2 355 000	3 368 000	2 050 000
Operating Profit	−288 000	−486 000	−321 000	−88 000
Financial Income	0	−1 000	0	0
Financial Costs	1 000	13 000	54 000	0
Financial Balance	−1 000	−14 000	−54 000	0
Dividends	0	0	0	0
Net Income	−289 000	−500 000	−395 000	−69 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	236 000	362 000	488 000	490 000
Total Tangible Assets	236 000	362 000	488 000	490 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	236 000	362 000	488 000	510 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	92 000	363 000	649 000	1 218 000
Total Current Assets	726 000	719 000	758 000	2 016 000
Total Assets	962 000	1 081 000	1 246 000	2 526 000
Total Equity	−753 000	−463 000	37 000	−39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	800 000
Creditors	1 777 000	1 602 000	1 209 000	1 764 000
Unpaid Taxes	−49 000	−58 000	0	0
Dividends	0	0	0	0
Other Current Debt	−13 000	0	0	0
Total Current Debt	1 715 000	1 544 000	1 209 000	1 764 000
Total Equity and Debt	962 000	1 081 000	1 246 000	2 526 000

Financial indicators	2021	2020	2019	2018
Return on Equity	38,38 %	107,99 %	−1 067,57 %	176,92 %
Debt-to-Equity Ratio	−0	−0	0	−20,51
Operating Profit Margin	−92,01 %	−26 %	−10,53 %	−4,49 %
Current Ratio	0,42	0,47	0,63	1,14
Quick Ratio	0,42	0,47	0,63	1,14
Equity Ratio	−0,78	−0,43	0,03	−0,02
Gross Profit Margin	−16,93 %	−13,27 %	−4,53 %	−1,38 %